Asia Pacific real estate investment news and information
Nuveen Real Estate has made its first splash in Asia’s hottest office market with the purchase of a central Seoul building for a reported KRW 350 billion ($250 million).
The Chicago-based fund manager acquired the Jeongdong Building in the South… Read More>>
Hong Kong-listed ESR has raised $325 million for its first real estate credit strategy in South Korea, as the industrial builder and fund manager seeks to address a shortfall of financing options in Asia’s fourth-largest economy.
The new fund will… Read More>>
PGIM Real Estate on Monday announced its purchase of the Stamford Court commercial building near Singapore’s City Hall for S$132 million ($99.9 million) in a joint venture with private equity startup Elevate Capital Group, confirming a Mingtiandi report from August.
A joint venture of UOL and CapitaLand has signed an option agreement for the collective purchase of a Singapore condo complex for S$810 million ($611.7 million), with the two heavyweights set to pick up the property at an 11.8 percent… Read More>>
US private equity giant Blackstone has joined forces with Korean asset manager Blue Cove Investment to acquire an office building in Seoul’s Gangnam business district for KRW 120 billion ($86 million), according to sources familiar with the transaction.
Manhattan-based Blackstone… Read More>>
US fund manager AEW is selling an industrial asset in Singapore’s Woodlands area for between S$153 million and S$154 million ($115.9 million and $117.7 million), market sources confirmed to Mingtiandi on Friday.
The buyer of Admirax, a seven-storey light industrial… Read More>>
Singapore sovereign fund GIC has completed the sale of a central Seoul office tower to an investor group including South Korea’s National Pension Service and Koramco Asset Management for KRW 247.7 billion ($180 million).
The deal value for The Exchange… Read More>>
Rent-to-Live Co, the build-to-rent venture founded by Scape Australia principals Stephen Gaitanos and Craig Carracher, has launched a 1,000-apartment mixed-use precinct in Sydney, aiming to invest A$1.5 billion ($1 billion) to help ease a local housing crunch.
Backed by Dutch… Read More>>
Parkway Life REIT has agreed to acquire 11 nursing homes in France for €111.2 million ($120.4 million), marking the Singapore-listed trust’s maiden investment in Europe.
Healthcare-focused PLife REIT is buying the properties from operator DomusVi Group and will lease them… Read More>>
Singapore’s Keppel Ltd is developing its first Taiwan data centre in partnership with a digital infrastructure startup backed by asset management titan BlackRock.
The private Keppel Data Centre Fund II has entered a 50:50 joint venture with Digital Decarbonization Solutions… Read More>>
